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Japan Nov Industrial output surges 1.5%

  Bloomberg Japan’s industrial output rose the most in five months in November as export volumes rebounded sharply, pointing to an expected economic expansion in the fourth quarter. Industrial production increased 1.5 percent in November from a month earlier (forecast +1.7 percent). Output is forecast to rise 2 percent in December and 2.2 percent in January. Retail sales rose 1.7 ...

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Battling energy crisis, Pakistan turns on fourth nuclear plant

Bloomberg Pakistan’s fourth nuclear power plant went online on Wednesday, a joint collaboration with China that adds 340 megawatts to the national grid as part of the goverment’s efforts to end a growth-sapping energy deficit. Pakistan is one of the few developing countries pursuing atomic energy in the wake of the Fukushima nuclear disaster in Japan in 2011, as it ...

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‘China marks growth across all industries’

  Bloomberg The world’s No. 2 economy showed improvement in the fourth quarter with gains across all industries, according to the China Beige Book. Revenues, profits, jobs and capital expenditures improved from the third quarter while new orders were stable, according to the private survey released by CBB International, which collects anecdotal accounts similar to those in the Federal Reserve ...

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